More class action law firms have pounced on Downer EDI’s “accounting irregularities” that led to the company overstating profits by up to $40 million.
A fed-up judge has vented his frustration with the problem of competing class actions in a move that appears to punish the second filed case against Medibank. But is he right that the courts are increasingly being asked to deal with duplicative proceedings? And was his order really all that drastic?
IG Markets could be hit with a second class action by investors seeking to claw back hundreds of millions of dollars allegedly lost in trading in over-the-counter derivative products known as contracts for difference.
The Office of the Australian Information Commissioner will proceed with an investigation of a class action-style complaint brought by Maurice Blackburn over Medibank’s data breach.
Water services company Veolia Water Australia has won its bid for EnergyAustralia and two mining companies to hand over information about the quality of mine water they send for treatment, with a judge finding it could be “materially worse” than promised. In a judgment handed down on Wednesday, Federal Court Justice Scott Goodman ordered EnergyAustralia…
The former dean of a Melbourne art school has resolved her case alleging she was unfairly sacked via Instagram direct message while on annual leave.
Cruise operator Carnival is facing a third class action in Australia, this time on behalf of passengers aboard P&O’s Pacific Aria, which sailed from Brisbane into the path of a Category 5 cyclone six years ago.
Enforcement of Australia’s privacy laws, including funding for the privacy commissioner to litigate companies for major privacy and data breaches, received a $45.2 million investment in Tuesday’s federal budget.
A lawsuit by the companies of mining executive Nathan Tinkler against MACH Energy alleging misuse of confidential information has been tossed after the deadline for paying security for costs came and went.
A former Courtenay House contractor and investment promoter is the latest to be sentenced to a term of imprisonment over an alleged $180 million Ponzi scheme, for which he netted $670,000 in commissions.